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Question: Where will this rally top out?
Already topped <$7,000 - 10 (22.7%)
$7,000-$7,499 - 3 (6.8%)
$7,500-$7,999 - 5 (11.4%)
$8,000-$8,499 - 3 (6.8%)
$8,500-$8,999 - 3 (6.8%)
$9,000-$9,499 - 1 (2.3%)
$9,500-$9,999 - 0 (0%)
$10K+ - 19 (43.2%)
Total Voters: 44

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21583783 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (143 posts by 33 users deleted.)
Globb0
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August 04, 2019, 02:52:50 PM
Merited by JayJuanGee (1)


same mistake as Monero.

Wrong a tiny tail emission that supports mining is not infinite coins.

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nutildah
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Thanks, Bruno!


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August 04, 2019, 02:55:16 PM
Merited by JayJuanGee (1)

No one will use company/foundation/corporation/country/whatever owned coins. Specially with alternatives they have.

Data show otherwise, Beam average number of transactions daily is much more than Monero and definitely more than Zcash and Grin combined and it is growing daily, again I am not trying to convince you anything, just get your facts straight.

So you are equating daily transactions with real-world adoption. What is this, amateur hour?

Someone asked me how come an OG like me is into altcoins, the truth is that I joined this space for 2 things: interesting tech and making profits, and after 7 years I am still looking at all kinds of tech and trying to make a living off it at the same time, so all I can say to you guys is don't be stuck in that echo chamber of maximalism, be a minimalist on maximalism because it is becoming a cult.

It has nothing to do with that. We (for the most part) adhere to a strict principle to avoid petty arguments like the one you want to have right now: there is bitcoin and then there are shitcoins. There's no middle ground. There is BTC and then there are shitcoins. Given the extremely slow rate of adoption of cryptocurrency, I think this is a fair approach. Hundreds of coins have merits not necessarily shared by others, and can be argued to be of potential widespread use someday.

However, saturating the public with a flood of coins only leads to misunderstanding and skepticism. Ergo, we should concentrate on bringing bitcoin more into the mainstream first, increasing use case scenarios, adoption, etc., and once BTC has broken free from being largely speculative financial instrument, then altcoins can find their niches and be of true value to society. Right now, outside of an arguable handful of them, they are not.

Ask yourself what is the goal behind your involvement in this space, then be agnostic about it.

Frankly my main goal is sussing out liars and charlatans as I happen to find it a fun hobby. I'm not saying you're either, you just have a lot to learn. I make a 100% living off cryptocurrency, but not in the way you hope to.
_javi_
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Still a manic miner


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August 04, 2019, 03:06:18 PM


i said that 3 days ago..
https://bitcointalk.org/index.php?topic=178336.msg52030309#msg52030309

Bitstamp, stop stealing my ideas!


btw, nice sunday green candles!!
jojo69
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no FOMO


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August 04, 2019, 03:33:46 PM

How long do I need to watch it for?

you'll know
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August 04, 2019, 03:35:46 PM

incoming pump! 10980!
CristiTCM
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August 04, 2019, 03:39:46 PM

incoming pump! 10980!

20k incoming!!!
_javi_
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Still a manic miner


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August 04, 2019, 03:56:45 PM

happy 11k (again)!!!!
degxtra1
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August 04, 2019, 03:58:26 PM

Godbye 4digits  Cry
Frankly, I feel sorry to all this guys waiting for sub 9K. Last seconds to join the train. Grin
JimboToronto
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You're never too old to be young.


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August 04, 2019, 04:02:10 PM

Good morn Bitcoinland.
Eleven thousand greenbacks.
Five figures are good.
El duderino_
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Bitcointalk, where moral and ethical people post!


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August 04, 2019, 04:04:14 PM

happy 11k (again)!!!!

Hello eleven.
Sun-temp rises, price follows...
New correlation?
Findingnemo
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Don't trust Shitcoins!


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August 04, 2019, 04:17:32 PM
Last edit: August 04, 2019, 04:49:51 PM by Findingnemo

Godbye 4digits  Cry
Frankly, I feel sorry to all this guys waiting for sub 9K. Last seconds to join the train. Grin
Bullet train is waiting there,buy your tickets soon or you won't reach your destination in near future.

$50K is on the way. Cheesy (seems too much)
El duderino_
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August 04, 2019, 04:17:58 PM

El duderino_
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August 04, 2019, 04:25:00 PM

"How do we stop humans from hurting each other?" is the naive question, plus the solution is simple - restrict everyone's freedom to the point it becomes physically impossible.
A more nuanced question would be "how do we prevent humans from wanting to hurt each other?"

https://twitter.com/lopp/status/1158037245204619264?s=20
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August 04, 2019, 04:28:03 PM

I'd like to see any of these shitcoin lovers that come and grace this thread, answer this one question:

If Bitcoin functions securely, has the most and widest user/broker/exchange/merchant/miner support, and does everything it needs to do for both e-commerce transactions and SoV, why look elsewhere for anything else?

If you can't answer honestly without throwing in " 'cause speculation reasons", then you are full of shit. Because outside of that, trying to get rich on a flyer or something, you'd have no valid reason.
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August 04, 2019, 04:28:27 PM

Sunday sobered up.
Bitcoin looks good as always.
Fast food here I come....
JayJuanGee
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How much alt coin diversification is needed? 0%?


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August 04, 2019, 04:31:30 PM

Yeah, I much prefer incremental steps. I’m not in the mood for unsustainable pumps because we all know what happens after them.

I love unsustainable pumps. Make $ on the way up, corn on the way down. Yummy.

nobody can do it on sustainable basis as it does not tell you where it will go.
sooner or later, you would lose.

For some value of 'lose' that has nothing to do with my personal situation.

Can you elaborate, jbreher? 

I personally believe that with laddering, there is hardly any ways to lose unless you are setting your amounts wrong or if the BTC price goes down.  How else can anyone lose?   Unless you are measuring on a shorter-timeline perhaps and you need the money right away... for example when BTC's price is going down...

I mean if you were to have a 5-year timeline, let's say, and you did not need your invested money for 5 years, then wouldn't it be much more difficult to conceive ways that you could lose with laddering, unless the price of the BTC were lower at the end of the 5 years. 

Of course, you could also conceive that any time that you are buying BTC, that if you give those BTC at least 5 years before you again sell them (even while exercising a laddering type approach), then it is difficult to conceive of ways that you would lose in that system either, unless at any point in time 5 years after any buy that you make, the BTC price is lower than it was 5 years earlier. 
JayJuanGee
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August 04, 2019, 04:38:29 PM

Happy speculation, I will probably check in after another 3 years.

For you, 3 years might even be too frequently - even though it can be good to get an update from known personalities from time to time.

Someone asked me how come an OG like me is into altcoins.........

Self assigned status.... lovely.  One of your ongoing tone problems.


don't be stuck in that echo chamber of maximalism, be a minimalist on maximalism because it is becoming a cult.

Unsolicited advice is going to get you a long way.

Ask yourself what is the goal behind your involvement in this space, then be agnostic about it.

This, here, unsolicited advice might be a bit more pragmatic, which is to try NOT to get too emotional about your finances.  In other words, if you structure your finances in a certain kind of way that protects you from price movements in either direction, then it is less likely that you will get emotional when the price goes a bit beyond your expectations, because it is also good to protect yourself emotionally (and financially) for extremes, too.
BitcoinNewsMagazine
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August 04, 2019, 04:56:41 PM

People tend to forget just how speculative bitcoin really is. Sure it has been around over ten years but it is still a grand experiment and experiments fail sometimes. I tend to think in 5 years bitcoin will be either be worth more than $50,000 or zero. If Wall Street can make money from it that is a powerful force to keep bitcoin alive. Sure it is decentralized but governments can shut down the on and off ramps like Coinbase if they decide bitcoin is a real threat to fiat. Or regulate them to the point price crashes.
JayJuanGee
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How much alt coin diversification is needed? 0%?


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August 04, 2019, 04:57:33 PM

Godbye 4digits  Cry
Frankly, I feel sorry to all this guys waiting for sub 9K. Last seconds to join the train. Grin

JSRAW?   Can you confirm this assertion?    If JSRAW does not confirm, I cannot put much higher odds than 50% that we will never see 4 digits again.

Of course, the lower you go, the less probable... So yeah there have been quite a few people looking for below $9k, and jesus, we were already at $9,049 which would have been about a 35% correction from our $13,880 local top.  Why the fuck expect more than that?  Yeah, sure a larger correction can happen and it still can happen, but it becomes a bit more difficult to happen when the gap is becoming BIGGER in the UP direction rather than approaching those various hopium buy points that are sub $9k and even going below $5k.. maybe, maybe, but I would not be putting too much expectations in the "necessity" of those kinds of down plays.
Globb0
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August 04, 2019, 04:58:33 PM

How long do I need to watch it for?

you'll know

I do feel fitter.

I imagined all sorts of exercises.

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